The
global controlled
release drug delivery market size is expected to reach USD 90.18
billion by 2025, according to a new report by Grand View Research, Inc.,
registering a 13.8% CAGR during the forecast period. Some of the key factors
accelerating market growth are need for alternative therapies, need for these
systems for geriatric and pediatric use, and benefits offered by these
technologies over conventional forms of drug delivery.
Controlled
release drug delivery technologies offer various benefits over traditional
medication delivery methods. Reduced dosage, lower dosage frequency, fewer
adverse gastrointestinal effects, enhanced patient compliance, uniform drug
effect, improved efficacy and safety of medication, and reduction in
fluctuation of plasma drug levels are some of the benefits offered by these
technologies. With an increase in R&D by various pharmaceutical companies,
there has been a rise in adoption of these systems.
The
North American region accounted for the largest market revenue share due to
technologically advanced infrastructure, increasing R&D, and presence of
major players and pharmaceutical companies in the region. The Asia Pacific
region is anticipated to register the highest CAGR during the forecast period.
Emerging countries such as China and India are expected to witness strong growth
through 2025 owing to adoption of enhanced healthcare infrastructure and
medical technologies for specialized patient care.
Browse full research report on Controlled Release Drug Delivery Market: https://www.grandviewresearch.com/industry-analysis/controlled-release-drug-delivery-market
Further
key findings from the study suggest:
- Oral
controlled release drug delivery systems held the largest market share
owing to increase in usage and ease of convenience offered for
administration of medication
- Targeted drug
delivery is anticipated to exhibit the highest CAGR during the forecast
period owing to its various benefits and increasing adoption
- Osmotic drug
delivery is expected to emerge as the fastest growing segment due to its
ability to not be affected by various factors such as pH, food
consumption, and gastrointestinal motility
- The North
American region held the largest revenue share due to local presence of
major market players and increasing R&D in the field to cater to
rising number of patients
- The Asia
Pacific region is expected to showcase the highest CAGR during the
forecast period owing to rising investments by dominant players in the
region and developments in the pharmaceutical industry in emerging
countries such as India and China.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/pharmaceuticals
Grand
View Research has segmented the global controlled release drug delivery market
on the basis of technology, release mechanism, application, and region:
Controlled
Release Drug Delivery Technology Outlook (Revenue, USD Billion, 2014 - 2025)
- Wurster
Technique
- Coacervation
- Microencapsulation
- Implants
- Transdermal
- Targeted
Delivery
- Others
Controlled
Release Drug Delivery Release Mechanism Outlook (Revenue, USD
Billion, 2014 - 2025)
- Polymer
Matrix Based Systems
- Micro
Reservoir Partition Controlled Drug Delivery Systems
- Feedback
Regulated Drug Delivery Systems
- Activation-modulated
Drug Delivery Systems
- Chemically
Activated
Controlled
Release Drug Delivery Application Outlook (Revenue, USD Billion, 2014 - 2025)
- Metered Dose
Inhalers
- Injectable
- Transdermal
and Ocular Patches
- Infusion
Pumps
- Oral
Controlled-Drug Delivery Systems
- Drug Eluting
Stents
Controlled
Release Drug Delivery Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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